250-986-5911
18
$949,000 Sale
Listed 79 days ago
508 Wembley Rd
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· 0
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· 2352
Key Facts
Key facts for 508 Wembley Rd
Property Type
Other
Parking
On Site
MLS #
1046926
Size
2352 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$2,574.61 /yr
Days on Market
-
Year Built
1962
Maintenance Fee
-
Description
Rare opportunity to acquire a 0.57-acre commercially zoned property in the desirable Wembley area of the Regional District of Nanaimo, just minutes from Parksville, Highway 19, shopping, beaches, and everyday amenities. This unique property is zoned CRS1 and site-specific CRS1.7, permitting a bro...ad range of commercial uses together with residential use, secondary suites, and shopping centre use, providing exceptional flexibility for investors, owner-operators, and future opportunities. Currently improved with two legal residential dwellings, the property offers excellent holding value while generating residential use. Situated within the Wembley Neighbourhood Centre designation, this is a rare opportunity to own a large commercially zoned property in one of the area's established mixed-use commercial corridors. Commercial properties with two legal homes are seldom available. A unique opportunity with excellent income, business, and redevelopment potential.
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Listing courtesy of: Pemberton Holmes Ltd.

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